Can we put French house into an SCI and include son?

We own property in France and would like to put it into an SCI and include our son and his children who live in France. Can we do this and can we set it up in the UK or do we need to do it in France?  P.I.

An SCI is a French company so it does need to be established in France, even though it can hold foreign property.

With regard to transferring your home, yes, this can be done, as can a lifetime donation to your children of some of the shares. However, there are points to consider.

First, stamp duty will be due at around 7% of the value of the house on the transfer, ...

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